As a manufacturer or service professional in a project-based industry, the challenges you face can be quite unique. A project, here, refers to a set of activities designed to create a product, provide a service, or achieve a specific result. These projects use resources and generate financial results as assets or revenues. Some of the industries that fall in this category are as follows:
- Construction
- High-tech
- Industrial Equipment
- Medical Devices
- Telecommunications
- Utility/Energy Services
The most common challenges you could be facing as a company from a project-oriented industry include:
- Effectively managing complex projects, billing, and change orders
- Tracking expenditures
- Project overlays
- Accurate bidding
Now, these unique challenges require a specific solution that will help maximize your overall business efficiency. And, the right project and service management software solution can help you deal with all of these challenges mentioned above.
In this blog, you will get a quick rundown of the webinar, which explains in detail how the To-Increase standard solutions (Advanced Project Management and Advanced Maintenance & Service) can support financial, project, and services employees in their daily work in Microsoft Dynamics 365.
Project Management & Service processes
Peter van Leeuwen, our solution sales specialist, walks us through the project management and service management processes, including quotation/bidding, project setup & planning, project execution, costing, billing, service, and engineering. Most of the project-based companies show characteristics of engineer-to-order (ETO). Their final product is always unique, involving a high adherence to customize as per customer requirements. The product creation includes both customer-specific assemblies and in-house standard components and assemblies. It comprises several designs or engineering changes, leading to final cost alterations.
The standard Microsoft Dynamics 365 Project Management & Accounting cannot cover all these specific requirements. For instance, it cannot help you with:
- Multi-level WBS with project structure and more than 25 activities
- Structure of cost work breakdown
- Project logistics and planning
- Project inventory
A specialized solution such as To-Increase Advanced Project Management (APM) and Advanced Maintenance & Service (AMS) can ensure all your core needs, as a project-based organization, are dealt with.
Here is a sneak-peek into the APM and AMS solution features that we’ve added to enhance Microsoft Dynamics 365 functionality that Eric van Hofwegen, our Solution Consultant, explains in details in the webinar:
Advanced Project Management
Project Quotation
- Work Breakdown Structure
- Cost Breakdown Structure
- Estimation
- Quotation Statement
- Subcontracting
- Equipment
Project Control
- Work Breakdown Structure
- Cost Breakdown Structure
- Subcontracting
- Project Inventory
- Project Logistics
- Task Planning
- Resource Planning
Project Progress
- Work Breakdown Structure
- WBS Cost Control
- Project Change Orders
- Budget Overview
- Progress Billing
- Timesheet Management
Advanced Maintenance & Service
- Asset Management
- Maintenance
- Work Order Management
- Service Management
- Mobile
Eric also gives a detailed demo of the APM solution and a typical service flow of AMS. With Microsoft’s Project Operations (PO) to be released soon, you may be curious to know about it and how it compares to To-Increase APM. He also shares a list explaining the differences between APM and PO to help you compare the two solutions and find out how they can help meet your needs.
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Ken Dolbey
